W3Schools

Economic Report: African-American unemployment rate rebounds from record low

Getty Images
Howard University graduates.

After falling to a record low in May, the African-American unemployment rate rebounded in June, according to Labor Department data released Friday.

The unemployment rate for African-Americans moved up to 6.5% in June after it had dropped to a record low 5.9% in May, a fact trumpeted by President Donald Trump. The record only goes back to 1972.

The president did not note that African-American unemployment has been falling relatively steadily since around 2010.

Margaret Simms, a nonresident fellow at the Urban Institute, said the lengthy economic expansion has been good for African-Americans.

“A long recovery has historically been good for African-Americans,” Simms said.

>>> Original Source <<<

Comentários